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Posted on 26/11/2020

Singapore Oct manufacturing unexpectedly falls 0.9% y/y, misses f’cast

Singapore's industrial output unexpectedly declined 0.9% year-on-year in October, missing economists' forecasts, hurt by a plunge in transport engineering, official data showed on Thursday. SINGAPORE, ... ( read original story ...)

Posted on 26/11/2020

In Singapore, Bargains for Luxury Homes Are Few and Far Between

The priciest condos have been slower to sell, but overall, the high-end market rebounded quickly after the coronavirus outbreak. ( read original story ...)

Posted on 26/11/2020

Singapore among world’s most competitive, pro-business economies, public sector report shows

SINGAPORE: Even amid the COVID-19 pandemic, the Economic Development Board (EDB) managed to secure S$13 billion worth of fixed asset investment ... ( read original story ...)

Posted on 26/11/2020

The Elon Musk of Singapore looks to engineer the next deep tech unicorn

Covid-19 disrupted supply chains, but this didn’t stop Hope Technik from developing a highly accurate temperature assessment system in record time. ( read original story ...)

Posted on 26/11/2020

Singapore pushes digital banks in face of tightening security

Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the United States that’s hitting ... ( read original story ...)

Posted on 26/11/2020

Lakshmi Vilas Bank To Become DBS Bank India From Friday, Withdrawal Cap Removed

The Union Cabinet approved merger of Lakshmi Vilas Bank with DBS Bank India and removed restrictions on withdrawal of deposits. ( read original story ...)

Posted on 26/11/2020

No cap on withdrawal after Lakshmi Vilas Bank’s merger with DBS Bank, says centre

With this, there will no further restrictions on the depositors regarding the withdrawal of their deposits,' Union minister Prakash Javadekar said ... ( read original story ...)

Posted on 26/11/2020

Singapore imports shrimp from Saudi Arabia in a first

Singapore has begun importing frozen shrimp from Saudi Arabia, the first time it is doing so from the Middle Eastern kingdom, as part of efforts to diversify its supply chains to safeguard food ... ( read original story ...)

Posted on 26/11/2020

Singapore starts importing frozen shrimps from Saudi Arabia

Singapore has begun importing frozen shrimps from Saudi Arabia, the first time it is doing so from the Middle Eastern kingdom, as part of efforts to diversify its supply chains to safeguard food ... ( read original story ...)

Posted on 26/11/2020

Singapore Trounces Hong Kong in ULI Poll of APAC Real Estate Investors

Singapore topped the list of Asia Pacific cities ranked by their property investment prospects by in a survey the Urban Land Institute (ULI). ( read original story ...)

Posted on 26/11/2020

Singapore pushes digital banks in face of China, US crackdown

Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the US that’s hitting major Chinese ... ( read original story ...)

Posted on 26/11/2020

India approves merger of Lakshmi Vilas Bank to Singapore’s DBS

The Indian government has approved the merger of crisis-hit Lakshmi Vilas Bank into the Indian unit of Southeast Asia's largest lender DBS. ( read original story ...)

Posted on 26/11/2020

Lakshmi Vilas Bank merger with DBS Bank approved by Cabinet

In a major development for the beleaguered Lakshmi Vilas Bank (LVB), its merger with the Singapore-based DBS Bank has received an approval from the Cabinet. The issue came up for discussion before the ... ( read original story ...)

Posted on 26/11/2020

LVB to become DBS Bank India from Nov 27; ₹25,000 withdrawal restriction to go

Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on November 27, leading to removal of all restrictions, including withdrawal cap of ₹25,000, which the ... ( read original story ...)

Posted on 25/11/2020

Lakshmi Vilas Bank merger with DBS Bank: What it means for customers

On 17 November, the Reserve Bank of India had unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank with DBS Bank India ... ( read original story ...)

Posted on 25/11/2020

Singapore imports frozen shrimp from Saudi Arabia in a first

The shrimps sourced from the Red Sea are supplied to FairPrice and other restaurants and foodstall owners.. Read more at straitstimes.com. ( read original story ...)

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